Toronto Real Estate Market Update | April 2025

Let's talk about Toronto Real Estate!

In this month’s Toronto real estate market update, Alex takes a closer look at the numbers from April 2025, revealing a slow start to the traditionally busy spring season. Average sales are down 23% compared to the same time last year, while active listings are up—showing that homes are staying on the market longer and buyer confidence remains low.

With the spring market lagging and many wondering where things are headed, the big question is: has the market finally reached the bottom for Toronto real estate prices? Now that the election is behind us and the possibility of a further interest rate cut may be on the horizon, conditions could begin to shift as we move into summer.

Tune in as Alex unpacks what these trends mean for both buyers and sellers, offering perspective on where the market might be headed next. He also highlights potential opportunities—particularly in the condo market—for those ready to make a move while much of the competition remains on the sidelines.

If you want to know more about what’s going on in your neighbourhood or one you’re interested in, book a time to chat - we’re here to help.

Alex + Elaine

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